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Royal Vopak NV (VOPKY)
OTHER OTC:VOPKY
Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
2Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: -1.10%
|Next Earnings Date:Feb 19, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance and strategic expansions in key regions, along with significant investments in sustainable energy solutions. However, some operational challenges and mixed market conditions in specific regions were noted.Company Guidance
During the Royal Vopak Q3 2024 earnings call, the company reported a strong performance with a proportional occupancy rate of 92% and a proportional EBITDA growth of 11% year-on-year, amounting to EUR 894 million year-to-date. The operating cash return improved to 16.2%, driven by robust business performance and contributions from growth projects. Vopak announced an expansion in its joint venture in India, with a primary equity issue of 3.4% for EUR 88 million, and the construction of 94,000 cubic meters of storage capacity in the Port of Kandla. In China, a new greenfield industrial terminal was commissioned, adding over 0.5 million cubic meters of capacity. The company updated its full-year outlook, raising the proportional EBITDA range to EUR 1,160 million - EUR 1,180 million and consolidated EBITDA to EUR 930 million - EUR 950 million, despite some temporary technical challenges at the EemsEnergyTerminal. The call also highlighted Vopak's strategic focus on expanding industrial and gas terminals and progressing towards new energies and sustainable feedstocks.Strong Financial Performance
Proportional EBITDA grew by 11% year-on-year to EUR 894 million year-to-date, with an operating cash return of 16.2%, driven by strong business performance and growth projects.
Expansion in India and China
Announced an expansion in the joint venture Aegis Vopak in India with 94,000 cubic meters of storage capacity. In China, commissioned a new greenfield industrial terminal, Huizhou, adding over 0.5 million cubic meters of capacity.
Strategic Investments in New Energies
Progress in redeveloping Vopak Energy Park Antwerp for green methanol storage and signing of a memorandum in Australia for CO2 infrastructure development.
Strong Cash Flow and Shareholder Returns
Gross cash flows increased by 8% year-to-date, with almost EUR 500 million returned to shareholders through dividends and share buybacks.
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VOPKY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VOPKY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $47.99 | $47.32 | -1.40% |
| Jul 26, 2024 | $44.05 | $45.51 | +3.31% |
| Feb 14, 2024 | $30.68 | $33.60 | +9.52% |
| Nov 10, 2023 | $31.84 | $31.44 | -1.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Royal Vopak NV (VOPKY) report earnings?
Royal Vopak NV (VOPKY) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Royal Vopak NV (VOPKY) earnings time?
Royal Vopak NV (VOPKY) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VOPKY EPS forecast?
Currently, no data Available
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